Mr.Nims, Renko Ashi Scalping System. - page 133
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5 pips per hr
5 pips per hr or the 20 per 4HR
1st day trying this system
Instead of the 20 TP I'm using the Mauro ea
SL 20
TP 99999
TS 15
BE 15
Had 1 for 25 pips
had 1 for 0
and 2 open positive with SL at BE+ so guarantee profit
keep you posted
Closed out other 2 manual looked like they were going to reverse on me
total so far today 56 pips
Waiting for next set up
What are you using for setups? Take profits, stop losses, etc.?
Closed out other 2 manual looked like they were going to reverse on me
total so far today 56 pips
Waiting for next set upWhat are you using for setups? Take profits, stop losses, etc.?
See post 1325 2 back from yours
set up is page 1 . . . 20 pips per hr
why
I am wondering, why do you try to make your trading so complicated???
Renko = Trend = Price Action
The only one indicator very powerful, tested through the long time trading history, tested though many systems and Time Frames needed. For me you all looking for chair while you already sitting on it. We all say "Keep It Simple" and then add one, two, three, four, five..... ten indicators. After that we say, no renko is rubbish, can not be traded. I like Japanese style.
Here is what my chart looks like. I will not tell for now any rules I trade, I want you to find the consistent patterns. I will tell later.
I am wondering, why do you try to make your trading so complicated???
Renko = Trend = Price Action
The only one indicator very powerful, tested through the long time trading history, tested though many systems and Time Frames needed. For me you all looking for chair while you already sitting on it. We all say "Keep It Simple" and then add one, two, three, four, five..... ten indicators. After that we say, no renko is rubbish, can not be traded. I like Japanese style.
Here is what my chart looks like. I will not tell for now any rules I trade, I want you to find the consistent patterns. I will tell later.
Quite right, Soondock.
A nice advantage of Renko is that it enables you to see certain patterns clearly. Double tops/bottoms are quite powerful when shown.
Looks like you are using the tenkan and kijun from ichimoku. the kijun is normally very good for support/resistance.
What box size are u using, and r u using ichi with default settings?
Pardy
Quite right, Soondock.
A nice advantage of Renko is that it enables you to see certain patterns clearly. Double tops/bottoms are quite powerful when shown.
Looks like you are using the tenkan and kijun from ichimoku. the kijun is normally very good for support/resistance.
What box size are u using, and r u using ichi with default settings?
PardyBINGO!!!
You are right! Default settings of ichimoku. Box size is 5 pips for Eurusd.
you can trade both crosses of trade above/ below channel of TS/KS. Target is 10-15pips. SL is the opposite side od the channel.
BINGO!!!
You are right! Default settings of ichimoku. Box size is 5 pips for Eurusd.
you can trade both crosses of trade above/ below channel of TS/KS. Target is 10-15pips. SL is the opposite side od the channel.I use the same setup, smaller box size of 4 tho'. Also watch the kumo.
Pardy
200pips
Hi,this is the pips.
Sharing?
I am wondering, why do you try to make your trading so complicated???
Renko = Trend = Price Action
The only one indicator very powerful, tested through the long time trading history, tested though many systems and Time Frames needed. For me you all looking for chair while you already sitting on it. We all say "Keep It Simple" and then add one, two, three, four, five..... ten indicators. After that we say, no renko is rubbish, can not be traded. I like Japanese style.
Here is what my chart looks like. I will not tell for now any rules I trade, I want you to find the consistent patterns. I will tell later.
Could you share your template & how its work?